Trump Declaration of Import Duty Metal, Dollar Drop
Wall Street
shares fell again and the US dollar plunged on Thursday, as President Donald Trump said the United States would impose import duties on iron and aluminum.
The 45-nation US head of state's comments sparked fears that a global trade war would blaze, spurring inflation and US interest rates accelerated above market expectations. As a result, up to the beginning of Asian trading this Friday (2 / March), the price of risky assets is depressed, and the US Dollar is still weakening against most major currencies.
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